Product Life Cycle MCQ with Answers Pdf - 1

Question: 1

In which of the following stage of PLC sales volume is at the peaks?

(A) Peak stage

(B) Introduction stage

(C) Decline stage

(D) Growth stage

(E) Maturity stage

Question: 2

Product planning means

(A) Marketing

(B) Selling

(C) Pricing

(D) Innovation of company

(E) The act of making out and supervising the search, screening, development and commercialization of new products the modification of existing lines and the discontinuance of marginal or unprofitable items

Question: 3

Which of the following is the reason for product innovation?

(A) Risk

(B) Market strategy

(C) Competition and market change

(D) All of the above

(E) None of the above

Question: 4

Which of the following is not a stage in product life cycle?

(A) Maturity

(B) Introduction

(C) Growth

(D) Peak

(E) None of these

Question: 5

Product deletion may be defined as

(A) Sometimes may be opposed by the management

(B) Happening only with costly items

(C) Happening only with convenience items

(D) An immediate termination of the product

(E) None of these